Introduction of digital tax in the Czech Republic
The Ministry of Finance has presented a legislative draft of the taxation of income from digital services, a so-called “digital tax”, and it has sent it for external consultation.
Investment Incentives and their End for the Manufacturing Industry?
Are you planning investments in production in the coming months? If so, it is a good time to consider whether to apply for an investment incentive now. If you file an application before the amendment to the Act…
What Is the Future of Electronic Sales Records?
During June, the Chamber of Deputies approved in the third reading an amendment to the Act on Sales Records. As such, the voting lasted several days because of more than 800 motions to amend. During July, the a…
In Brief from International Taxation – June
Austria is considering introducing the digital service tax as of 1 January 2020. Based on the CJEU the national courts are not eligible to determine if certain requirements of a state aid regime are compatible …
The Latest Schedule of the OP PIK Calls
The table below presents the latest schedule of the calls under the Business and Innovations for Competitiveness Operational Programme (“OP PIK”) that has already been announced, or will be announced in the nea…
VAT News in June
With regard to the changes in the conditions of cross-border trading with goods in the EU from January 2020, the European Commission has published material with a description of selected aspects of the new rule…
A New Transfer Pricing Guidance and the Czech Translation of the OECD Guidelines
The General Financial Directorate (the “GFD”) issued new Guidance D-34 on the application of international standards to the taxation of related party transactions. This guidance replaces existing Guidance D-332…
Energy Savings and Renewable Energy Programmes
In early July, the Ministry of Industry and Trade of the Czech Republic is going to publish several calls focusing on the treatment of energy resources. Specifically, this will involve the Energy Savings and Re…
Investment Incentives Will Have New Rules
On 7 June 2019, the Chamber of Deputies approved the government proposal of an amendment to the Act on Investment Incentives, Bulletin of the Chamber of Deputies no. 298 of 8 October 2018. The amendment can be …